Statement:
In Panama, people spend less of their household budget on restaurants and hotels than in Belgium

In the Where households spend more on restaurants and hotels rating Panama holds position #32 2021 out of 133 and Belgium is #22 out of 133 2021.

Referencies:

  1. The countries in the rating sorted by '% of household budget for restaurants and hotels' in descending order.
    Belgium '% of household budget for restaurants and hotels' value is 7.95
    Panama '% of household budget for restaurants and hotels' value is 6.70